RH: "For context, in 1978 there were 4.09 million existing home sold when the U.S. had a population of 223 million. Contrast that to 2024 where 4.06 million existing homes sold with a population of 341 million, and it illustrates just how depressed the housing market has been"
— Lance Lambert (@NewsLambert) April 2, 2025
Housing turnover IS VERY LOW right now
U.S. existing-home sales totaled just 4.06 million in 2024—the lowest since 1995 …
Today’s housing market is even more constrained when you consider that the U.S. has 76.3M more people and 33.2M more households than it did in 1995 pic.twitter.com/KoTxPNoymV
— Lance Lambert (@NewsLambert) April 2, 2025